A rapid rise in the number of jobs being replaced by robots is one reason for increasing interest in a universal basic income Labour shadow chancellor John McDonnell has become the latest public figure to back the idea of a universal basic income (UBI). In an exclusive interview with The Independent , he said he would look to include a pilot scheme for UBI in the Labour manifesto.
But how does basic income work and why has the idea attracted so much attention? What is universal basic income?
Read more The idea is simple: all adults receive a no-strings-attached sum […]
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